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Every country wants to do the best for its people. In this pandemic, the government allocated a large part of its budget for public health and welfare. almost all countries have the same problem, namely a declining economy that forces the government to make loans to other countries. It's sad but it has to be because that's the best they can do.
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Economically, China has great power to develop its country as well as to help other countries that need economic assistance. For me it is not a trap, but an agreement from the two countries. so what happened is a consequence of the agreement.
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I think socialism can make our lives better, where everyone helps each other for a better life. This can be a solution when life starts to deteriorate, such as during the current pandemic. by helping each other in the life between communities and with the government's attention, hopefully it can be better.
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Until a vaccine from Covid 19 is found, I think there will continue to be waves of infection from this virus. with activities that must continue, all we can do now is minimize the possibility of a big wave. use a mask, wash your hands and keep your distance from other people. economically, of course it has an impact because the activities are completely limited, causing economic consequences.
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I like learning about bitcoin because of the technology which I think is unique and new. in the middle of people who live with a centralized financial system. having different knowledge is a pleasure in itself. then the value of bitcoin continues to increase from year to year. I think having some bitcoin as an investment asset is a joy.
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I think education or ability is still needed to get rich, investing without the ability will bring us down at a loss. Moreover, you suggest taking a money loan. will only add to the loss. This year is the right time to get up and learn what opportunities can be done to achieve success today and for the future.
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During this pandemic I took care of myself as best I could by keeping my immune system good. If I am offered the vaccine for free in the near future, I will refuse it. something rushed will present problems that will arise in the future. It would be better if you wait for the right time at least 5 years.
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In my country Indonesia, the economic system is in decline, many offices closed at the start of the pandemic, traditional markets and tourism are closed. Many people were laid off and unemployed, but over time new normal protocols emerged that made all lines of the economy slowly reopen. with the hope that everyone will return to their normal normal situation and the people will return to live in prosperity.
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In my opinion, if the income from crypto is large enough and stable per month, the government may impose taxes on our crypto income, meaning that the tax is based on fiat currency resulting from the withdrawal of exchangers.
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From this forum I learn and earn money. At first I joined a bounty from one of the altcoins in early 2017 until it stopped in 2018. For now I am participating in the signature campaign. I like participating in this signature campaign, we can learn more about crypto finance and the blockchain system.
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I think everyone has the right time to invest in bitcoin, it all depends on the ability to invest and determine when the right time is. There are many aspects that must be reviewed, prices, world economy or technicalities in mining can be a reference for determining when you think the best time is.
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In future , looks like we can use the crypto currency we have more easily. I thought it would be a waste of time if we had to convert first by selling our crypto assets to fiat currency for shopping. I like the Elite Card concept. I hope the project is successful.
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The purpose of your post is not clear, but it is clear that you can't afford to buy a house for your brother because your income is not stable and you apparently don't have enough collateral to mitigate the risk.
I don’t earn enough fiat. A banker watch only fiat. However at current levels, I do have as stable income in cryptocurrency (but as cryptocurrency is unstable itself, it’s not the case in fiat terms). Usually, when you borrow for a mortgage, you don’t do it against an existing collateral but against a robust income (whether a job or your company). And I do have a robust income in cryptocurrency which is why borrowing Bitcoin or Ethereum makes sense. But more than a decade after the creation Bitcoin and Mt.Gox, it seems no company is providing that traditional mortgage in cryptocurrency leaving fiat as a necessary step for borrowing (no end to end cryptocurrency payment and borrowing without converting to fiat). Without this, cryptocurrency definitely won’t replace fiat. if I read your sizable crypto income, 0.5 eth, the equivalent of $ 390 for today on Etherscan, maybe you can convert your earnings to Fiat when the prices are good and save it, or invest it into real business. so you don't need to borrow from the bank. |
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I'm also concerned about what's happening in United States. In several other countries also experienced the same thing, businesses closed and layoffs. I hope d business will be opened soon so that the US economy will recover.
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Being in a covid 19 situation, several economic systems have collapsed. many businesses have gone bankrupt and many have lost their jobs. I was the one who lost the job. In 2019-2020, the impact of Covid19 was very pronounced on my family's finances. moreover, I haven't had bitcoin since 2018. if you still hold bitcoin, of course, your family finances will be better, because the current bitcoin price development is quite good.
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In my opinion, bitcoin is a cryptocurrency as well as a digital asset. all depends on each holder in considering it. Why ? because bitcoin, eth has both of these functions, besides being a digital asset, it can be a crypto-based currency that can be used to transact in the user community.
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In the next 5 years I do not know where my placement in crypto currency. I hope it is in a good place so that the project can run smoothly and the use of cryptocurrency increases.
I will try my best to contribute. I do not expect what the maximum number I will get. but all of that will flow with my efforts.
I will use it to make my family happy, help people around who need help and for charity.
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However, we cannot underestimate bounties. because bounty is the process of learning to know the ins and outs of the project and what is on the blockchain which is explained through the forum. with bounties we become active in seeking information and contributing. indeed the pay is not as big as those who are professionals, but the knowledge gained is so great that maybe one day we can become professionals starting from the bounty.
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In 2018 I stopped being a bounty hunter because there were many scam projects. then in 2019 and 2020 I have not earned any more from the bounty. I hope now I can contribute even more so that maybe I can become a bounty manager and can also provide income for people here.
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From the goal of the project, I see this as a social project because the mission is to save cats. I am a cat lover too. how can we contribute to this project and are there any benefits for those who contribute?
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